Insights

Expansion of Services Bank of Abyssinia has been expanding its services, such as launching self-service machines, online payment gateways, additional payment options, and interest-free virtual banking services. These new service offerings present sales opportunities for companies providing IT solutions, software development, and payment processing technologies.

Technology Partnerships Bank of Abyssinia has partnered with companies like Newgensoft, Paga Developer Portal, and Xpert Digital to enhance its technological capabilities. This indicates a focus on innovation and technology integration, creating potential sales leads for tech companies, especially those specializing in banking solutions and digital transformation.

Market Expansion The partnership with Xpert Digital to implement Temenos Infinity suggests a strategic move towards expanding market reach. This expansion initiative opens up sales opportunities for consulting firms, IT service providers, and software vendors looking to offer digital banking solutions in emerging markets like Ethiopia.

Regulatory Compliance Bank of Abyssinia's regulatory approval from the National Bank of Ethiopia for launching online payment gateways showcases a commitment to compliance and security. This emphasis on regulatory adherence presents selling potential for cybersecurity firms, compliance software providers, and risk management consultants.

Strategic Alliances Collaborations with companies like Newgensoft and Paga Developer Portal indicate a proactive approach to strategic alliances. For sales teams, these partnerships can lead to opportunities for cross-selling products, offering bundled solutions, and engaging with a wider customer base in the financial services sector.

Similar companies to Bank of Abyssinia

Bank of Abyssinia Tech Stack

Bank of Abyssinia uses 8 technology products and services including WordPress, Google Font API, Google Code Prettify, and more. Explore Bank of Abyssinia's tech stack below.

  • WordPress
    Content Management System
  • Google Font API
    Font Scripts
  • Google Code Prettify
    Miscellaneous
  • Slider Revolution
    Miscellaneous
  • HSTS
    Security
  • Apache HTTP Server
    Web Servers
  • Facebook
    Widgets
  • Slider Revolution
    Widgets

Media & News

Bank of Abyssinia's Email Address Formats

Bank of Abyssinia uses at least 1 format(s):
Bank of Abyssinia Email FormatsExamplePercentage
First.Last@bankofabyssinia.comJohn.Doe@bankofabyssinia.com
49%
FirstL@bankofabyssinia.comJohnD@bankofabyssinia.com
27%
First@bankofabyssinia.comJohn@bankofabyssinia.com
15%
Last@bankofabyssinia.comDoe@bankofabyssinia.com
9%

Frequently Asked Questions

Where is Bank of Abyssinia's headquarters located?

Minus sign iconPlus sign icon
Bank of Abyssinia's main headquarters is located at Gambia Street Addis Ababa, Addis ababa 1000 ET. The company has employees across 4 continents, including AfricaNorth AmericaAsia.

What is Bank of Abyssinia's official website and social media links?

Minus sign iconPlus sign icon
Bank of Abyssinia's official website is bankofabyssinia.com and has social profiles on LinkedIn.

How much revenue does Bank of Abyssinia generate?

Minus sign iconPlus sign icon
As of January 2025, Bank of Abyssinia's annual revenue reached $750M.

What is Bank of Abyssinia's NAICS code?

Minus sign iconPlus sign icon
Bank of Abyssinia's NAICS code is 52 - Finance and Insurance.

How many employees does Bank of Abyssinia have currently?

Minus sign iconPlus sign icon
As of January 2025, Bank of Abyssinia has approximately 5K employees across 4 continents, including AfricaNorth AmericaAsia. Key team members include Chief Digital Officer: S. M.Vice President Ifb,Bank Of Abyssinia: A. R.Head Of Legal: B. W.. Explore Bank of Abyssinia's employee directory with LeadIQ.

What industry does Bank of Abyssinia belong to?

Minus sign iconPlus sign icon
Bank of Abyssinia operates in the Financial Services industry.

What technology does Bank of Abyssinia use?

Minus sign iconPlus sign icon
Bank of Abyssinia's tech stack includes WordPressGoogle Font APIGoogle Code PrettifySlider RevolutionHSTSApache HTTP ServerFacebookSlider Revolution.

What is Bank of Abyssinia's email format?

Minus sign iconPlus sign icon
Bank of Abyssinia's email format typically follows the pattern of . Find more Bank of Abyssinia email formats with LeadIQ.

When was Bank of Abyssinia founded?

Minus sign iconPlus sign icon
Bank of Abyssinia was founded in 1996.
Bank of Abyssinia

Bank of Abyssinia

Financial ServicesAddis ababa, Ethiopia5001-10000 Employees

The present-day Bank of Abyssinia was established on February 15, 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II) in accordance with 1960 Ethiopian commercial code and the Licensing and Supervision of Banking Business Proclamation No. 84/1994.

BOA started its operation with an authorized and paid up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.

In two decades since its establishment Bank of Abyssinia has registered a significant growth in paid up capital and total asset. It also attracted many professional staff members, valuable shareholders and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.

Currently, employing the state-of-art banking technology, the Bank provides excellence domestic, international and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever increasing branch networks through out the country.

Section iconCompany Overview

Headquarters
Gambia Street Addis Ababa, Addis ababa 1000 ET
NAICS Code
52 - Finance and Insurance
Founded
1996
Employees
5001-10000

Section iconFunding & Financials

  • $100M$1B

    Bank of Abyssinia's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    Bank of Abyssinia's revenue is in the range of $100M$1B

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.